H. Gates Lloyd; Investment Banker, 92

Published: November 14, 1993

H. Gates Lloyd, a Philadelphia investment banker who also served for 10 years as a deputy director of the Central Intelligence Agency, died Thursday at his home in Haverford, Pa. He was 92.

The cause of death was a stroke, said a son, Wingate Lloyd.

Mr. Lloyd joined the C.I.A. in 1950, and in 1954 he was appointed the deputy director of administration, a position he held until his retirement from the agency in 1964.

After graduating from Princeton University in 1923, Mr. Lloyd joined Drexel & Company, the Philadelphia investment bank. In 1927 he became a partner in the firm, which was the predecessor of Drexel Burnham Lambert.